#CEXvsDEX101 🔁 #CEXvsDEX101 – Centralized or Decentralized?

If you are in the crypto world, these two words will sound familiar: CEX and DEX. Here is the key difference:

💼 CEX (Centralized Exchange)

Examples: Binance, Coinbase, Kraken

✅ Simple interface, ideal for beginners

✅ High liquidity, fast execution

❌ You do not control your private keys

❌ Requires verification (KYC)

🌐 DEX (Decentralized Exchange)

Examples: Uniswap, PancakeSwap, dYdX

✅ You have total control over your funds

✅ No need for KYC or accounts

❌ Less user-friendly interface

❌ There may be lower liquidity in certain tokens

⚖️ Which to use?

CEX if you seek convenience and support.

DEX if you prioritize privacy and self-custody.

Knowing the difference helps you operate with more security and freedom.